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Contact Information

Frank Free
Lake Realty
19900 W Catawba Ave
PO Box: Suite 103
Cornelius, NC, 28031
Office: 704-892-6350
Cell: 704-201-5262
Lic. #: 139143
condos vs single-family homes | Print |

Choosing between condos and single-family homes in the Lake Norman, NC area?

Using appreciation as a measure, condominiums in the Lake Norman, NC area have been as profitable an investment as single-family homes in the past five years. And in some markets, condos appreciated even more, according to some experts.
While single-family homes have been the preferred investment by home buyers, changing demographics are helping make condos more popular, especially among single home buyers, empty nesters and first-time buyers in high-priced markets.
Also, the condominium community has worked hard in the last few years to overcome image problems brought on by homeowners association and developer disputes as well as all too frequent construction-defect litigation.

Questions about Lake Norman, NC Real Estate?

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Last Updated ( Thursday, 04 September 2008 )
 
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